Sources: Nucor Corp., Charlotte, N.C.; CP staff Nucor directors have approved investment of up to $350 million for construction of a rebar micro mill to be located in the South Atlantic region. The facility will join sister Missouri and Florida rebar micro mills, both of which began operations in 2020, and be equipped with spooling capability—a feature affording rebar fabricators…
Read MoreDay: December 6, 2021
Fly ash consumption down, overall coal ash recycling rate up
Sources: American Coal Ash Association, Denver; CP staff The American Coal Ash Association 2020 Production and Use Survey shows 59 percent, or 40.8 million tons, of the 69.2 million tons of coal ash produced during 2020 was recycled—up from 52 percent in 2019 and marking the sixth consecutive year that more than half of such material produced in the United States…
Read MoreICPI, NCMA merger set for mid-2022 following membership vote
Sources: National Concrete Masonry Association, Herndon, Va.; CP staff Interlocking Concrete Pavement Institute and National Concrete Masonry Association members have approved a unification plan for their organizations. ICPI members voted 81 percent and NCMA members 97 percent in favor of a plan that has been the subject of formal discussions for more than two years.
Read MoreHolcim-branded mix blends high performance, sustainable characteristics
Sources: Holcim AG, Zug, Switzerland; CP staff Holcim bills its DYNAMax product, set for 2022 unveiling in North America and nine overseas markets, as “the ultimate performance concrete, delivering high strength, durability and rigidity with design freedom and sustainability” and imparting “value to all stakeholders across the construction value chain, from architects and designers to homeowners.” “DYNAMax advanc[es] our global…
Read MoreThe ‘NOW’ System Landscape
Modernizing the business of ready-mix, part 2 of 3. Managing construction materials is a complicated “now” business. Dozens of independent factors must be tamed to achieve on-time, on-site, on-spec fulfillment. The most complicated is structural ready-mix concrete, which is driven by the real-time NOW factors of need, inventory, manufacturing, perishability and logistics. Complicating the issue even further, most material producers…
Read MoreWe Have Our Infrastructure Bill – But Remember the Cautionary Tales
Finally. After months of wrangling and tortuous back-and forth, Congress finally passed our big infrastructure bill, and the President signed it. Thank goodness. The Infrastructure Investment and Jobs Act, also known as the IIJA, holds much promise for a nation that had been woefully short on maintaining its transportation, environmental and utility infrastructure. But there is a long history of…
Read MoreAsset gains and carbon cuts equal an extraordinary year
By Don Marsh The close of any other calendar might confine this column to revisiting a merger and acquisition wave across ready mixed and manufactured concrete, but 2021 could be remembered as much for carbon dioxide emissions action as cement, aggregate and concrete production investment. On the latter front, stock prices for public companies and high valuations for private peers…
Read MoreChryso, CertainTeed parent Saint-Gobain to acquire GCP
Sources: GCP Applied Technologies, Alpharetta, Ga.; CP staff GCP Applied Technologies has entered into a definitive agreement pursuant to which Saint-Gobain will acquire all outstanding GCP shares in a deal valued at about $2.3 billion. The business combination has been unanimously approved by GCP directors and their counterparts at Paris-based Saint-Gobain, which earlier this year closed on the French parent…
Read MoreNew York investors strike $755M Boral Resources deal
Sources: Boral Ltd., Australia; One Equity Partners, New York; CP staff Boral Ltd. has entered an agreement to sell its North American fly ash business to Eco Material Technologies Inc., an entity backed by New York City-based One Equity Partners and Quadrant Management Inc. With a projected 2022 closing, the $755 million deal spans West Jordan, Utah-based Boral Resources, far…
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